Over 60% of all scams are related to digital currencies: Austrian regulator
The Financial Markets Authority stated that it saw a record in whistle-blower reports of potential fraud in 2020, with digital currencies as the main focus.
The Financial Markets Authority stated that it saw a record in whistle-blower reports of potential fraud in 2020, with digital currencies as the main focus.
The New Zealand Financial Markets Authority singled out BTC as a highly volatile, risky asset, warning individuals they may lose the full value of their investment in a market reversal.
Scammers have been keen to target the Pacific communities in New Zealand, according to the Financial Markets Authority.
The Financial Markets Authority is reportedly planning to launch an experimental framework for crypto regulation this month.